Sentences with phrase «incentivize affordable housing development»
Cuomo insisted he can work productively with the mayor on combatting homelessness despite their long - running feud, and he said one of their biggest challenges is the expiration of the 4231 - a tax abatement program to incentivize affordable housing development in NYC.
http://www.nystateofpolitics.com/ Not exact matches
Meanwhile, urgency is clearly building for some program that incentivizes the development of housing, especially affordable units.
Following an unrelated rally, Mr. Cuomo told the Observer that — with just three legislative session days left — he and the leaders of the Assembly and State Senate are «discussing a number of proposals» on the tax credit, which is intended to produce affordable housing but which critics argue incentivizes market - rate development.